Thursday 30 October 2014
 
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Jordan

Jordan's Housing Bank profit up 14.5pc

Jordan's Housing Bank for Trade and Finance reported on Sunday a 14.5 per cent rise in net profit for the first nine months of the year to JD90 million ($127 million), on the back of robust growth in its core business. The ban

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Arab Bank 9-month net profit up 10pc

Jordanian lender Arab Bank Group's said its nine-month net profit rose 10 per cent to $614 million compared to last year, attributing it to a diversified portfolio with growth in key markets and a prudent risk strategy. One of

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Jordan to finalise Israel gas deal next month

Jordan expects to finalise a deal next month with Noble Energy to supply the kingdom with natural gas from Israel's Leviathan field, that could save at least $1.4 billion in the country's annual import energy bill, the energy minister sa

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Samsung launches Galaxy Note 4 in Jordan

Samsung Electronics Levant has launched the new sleek and stylish Galaxy Note 4 in Jordan in partnership with the BCI Group, the authorised distributor for Samsung mobile devices in the country. Bumsuk Hong, the president of Samsu

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Jordan witnesses positive growth in business aviation

Jordan has shown a positive year-on-year growth by 2.2 per cent in the aviation market, giving it a Middle East share of 6.5 per cent in terms of total professionally operated flights, a recent report said. The research, commissioned by

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SunEdison plans $50m solar plant in Jordan

SunEdison, a leading global solar technology manufacturer and provider of solar energy services, has announced plans to set up one of the largest solar power plants in the Ma'an Governate, Jordan. The US-based company has clos

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SunEdison plans $50m solar plant in Jordan

SunEdison, a leading global solar technology manufacturer and provider of solar energy services, has announced plans to set up one of the largest solar power plants in the Ma'an Governate, Jordan. The US-based company has clos

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SunEdison plans $50m solar plant in Jordan

SunEdison, a leading global solar technology manufacturer and provider of solar energy services, has announced plans to set up one of the largest solar power plants in the Ma'an Governate, Jordan. The US-based company has clos

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Jordan’s shale oil power plant to begin ops by 2018

The first shale oil-fuelled power plant in Jordan will be ready by the end of 2018, a report said, adding it is expected to cut the country's energy spending by $500 million annually. The $2.2 billion plant will have a total c

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Russia to build 2,000 MW nuclear plant in Jordan

Rosatom, the atomic energy corporation in Russia, has signed a project development agreement with Jordan Atomic Energy Commission to build a 2,000-MW nuclear power plant in the Zarqa province of Jordan. The project phase, which ha

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